Veriff partners with SonoSuite to mitigate fraud risks and protect music assets
We are excited to announce a strategic partnership with SonoSuite, the white-label SaaS digital technology provider for the music industry. Collaboration safeguards the integrity of the digital music distribution process with an identity verification solution.
Nänsi Männik
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The partnership will empower SonoSuite’s label and distributor customers with an identity verification technology that mitigates the risks of ID fraud and helps keep their music assets secure, promoting trust and confidence across their platform.
Fraudulent activity is up 20% compared to the previous year, and given that 80% of fraud is financially driven, the music industry is feeling an impact as lost revenue to fraud adds up to billions of dollars. With this integration, SonoSuite customers will be more equipped to thwart bad actors from distributing fraudulent content and engaging in illicit activities within the independent music ecosystem.
“Armed with new AI-powered techniques, malicious actors are becoming more sophisticated, causing friction and undermining credibility along the customer journey,” said Sebastián Mañana Lenzi, CEO of SonoSuite.
We’re excited to partner with Veriff to provide our customers with cutting-edge technology that solves these challenges by streamlining the identity verification process and preventing fraudsters from gaining access before a costly event occurs.
“Our inaugural partner in the digital music services industry, SonoSuite is a frontrunner in this market and dedicated to leveling up users' safety,” said Hubert Behaghel, CTO at Veriff. We’re eager to deliver support and foster more trust across the music industry, making the internet a safer place.”
With fraud events escalating, including unauthorized music distribution, fake streaming, and fraudulent royalties, identity verification is more critical than ever.
About SonoSuite
SonoSuite is a global, white-label SaaS solution that caters catalog distribution and royalty collection technology to a wide array of music businesses, connecting them with the world’s Top Digital Music Services. Based in Barcelona, Spain SonoSuite is a digital company with more than 50 people located in Europe, the United States, and Latin America.
About Veriff
Veriff is the preferred identity verification partner for the world’s biggest and best digital companies, including pioneers in fintech, crypto, gaming, and the mobility sectors. We provide advanced technology, deep insights, and expertise from our foundation in digital-first Estonia and honed in leading the digital identity revolution. The partner of choice for businesses who need to rapidly and effortlessly verify online users from anywhere in the world, Veriff delivers the widest possible identity document coverage.
By supporting government-issued IDs from more than 230 issuing countries and territories and with our intelligent decision engine, which analyzes thousands of technological and behavioral variables, Veriff enables trust from the first hello.
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